115 Edmondson Ave Sarasota FL 34242 MLS A4626637

$2,300,000

Reduced By $100,000
last change 11/13/2024

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Home Description: 115 Edmondson Ave

$100,000 REDUCTION | BOATERS DREAM | REMODEL READY | FEMA-50 RULE EXEMPTION | 7 DAY RENTALS | RELAXED BUILDING CODES | Step into a piece of Siesta Key history and envision the luxury lifestyle that awaits you at The Morrison House. Nestled along one of the island’s most coveted canals, just 15 minutes from the open Gulf and a short distance to Sarasota Bay, this property offers a rare opportunity to create your dream waterfront retreat. With recent 6-inch flood damage, the home is ready for a remodel, and thanks to its historically designated status (in city limits), it comes with a few unique advantages: 7 day rental periods, no 50-FEMA rule and more relaxed building codes, giving you the freedom to customize or expand without typical restrictions. THE FOLLOWING REPAIRS HAVE BEEN COMPLETED: - NEW POOL PUMP - REPAIRED DOCK LIFT - NEW ELECTRICAL PANEL - NEW AC #2/2 - REMEDIATION COMPLETE - MOLD RESULTS POSITIVE NO MOLD PRESENT Originally built in the 1940s by Delbert Morrison as part of the original fishing village, the home was significantly remodeled in 1995 to include a spacious bedroom suite and expanded living room. The interior was remodeled again between 07' and 14'. Featuring 3 bedrooms, 3.5 baths, and a versatile loft, it's ideal for hosting family and friends in your future coastal escape. Outside, you'll find a working pool and spa, along with a boat dock and lift, offering direct water access for boating. Additionally, the property includes beach access, just a 10-minute walk away at the end of Shell Rd, perfect for enjoying the sun and sand of Siesta Key’s pristine shores. Imagine transforming this Key West-style historic home into a luxurious waterfront escape that blends timeless character with modern elegance. Whether you preserve its heart pine floors and vintage architectural details or opt for a contemporary update, the possibilities are endless. Set on prime waterfront land, the home invites you to create a personalized haven where you can enjoy serene canal views and quick access to the Gulf for your boating adventures. With its unbeatable location, working pool and spa, beach access, and historical significance, The Morrison House offers not just a property but an opportunity to craft a luxury lifestyle. Picture yourself relaxing in your custom-designed outdoor space, entertaining guests with the backdrop of the canal, or soaking in breathtaking sunset views. This is more than just a home—it’s your chance to own a piece of Siesta Key’s past while living the waterfront life of your dreams. Don’t miss this rare opportunity! | *One or more Photo(s) has been virtually staged.